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Peoria Standard

Saturday, November 23, 2024

Morton home prices fall in September 2017

Re 10

The median sale price of a home sold in September 2017 in Morton fell by $11,000 while total sales decreased by 25.9%, according to BlockShopper.com.

In September 2017, there were 20 homes sold, with a median sale price of $176,000 - a 5.9% decrease over the $187,000 median sale price for the same period of the previous year. There were 27 homes sold in Morton in September 2016.

The median sales tax in Morton for the most recent year with available data, 2016, was $3,678, approximately 2.1% of the median home sale price for September 2017.

The following table compares Morton to other Tazewell County cities with similar median sales prices in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Washington3034-11.8%$209,250$184,00013.7%
Heritage Lake40-$187,500$0-
Morton2027-25.9%$176,000$187,000-5.9%
Deer Creek12-50%$160,000$90,50076.8%
Minier110%$155,000$32,660374.6%
Hopedale62200%$150,250$140,9006.6%
Mackinaw42100%$150,000$87,70071%
Tremont47-42.9%$124,500$170,000-26.8%
North Pekin12-50%$121,000$31,250287.2%
East Peoria363116.1%$115,950$132,900-12.8%
Pekin39375.4%$98,000$64,00053.1%

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